Lumentum Holdings Executive Receives Stock Award
Lumentum Holdings Inc.
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Filing Summary
Lumentum Holdings Inc. (LITE) insider Eric Chang (SVP, Finance and Chief Accounting Officer) was granted 900 Restricted Stock Units (RSUs) on August 25, 2026. This brings their direct holdings to 5,906 shares.
Comprehensive Analysis
On August 25, 2026, Eric Chang, the SVP, Finance and Chief Accounting Officer of Lumentum Holdings Inc. (LITE), was granted 900 Restricted Stock Units (RSUs). The transaction, coded 'A' for acquisition, was reported at a price of $0.00 per share, indicating it is an equity award and not an open-market purchase. After this grant, Mr. Chang's direct ownership in the company stands at 5,906 shares.
The filing's footnote clarifies that these RSUs will vest over time, with one-third vesting one year from the grant date and the remainder vesting in eight equal quarterly installments thereafter, subject to continued employment. As this is a routine executive compensation event, its trading significance is considered low.
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